Published 18:34 IST, November 13th 2024
India's workforce to increase to 457.62 million by 2028 with AI help: Report
"AI will be a key catalyst for job creation across India's growth engines, particularly in roles requiring advanced technical skills," said the report.
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India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday.
According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. According to report this surge in demand presents retail professionals with a valuable opportunity to upskill in areas like Software Application Development and Data Engineering, equipping m for a tech-driven landscape.
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This is followed by manufacturing (1.50 million jobs), education (0.84 million jobs), and healthcare (0.80 million jobs), propelled by expected economic growth and tech transformation, it stated.
"AI will be a key catalyst for job creation across India's growth engines, particularly in roles requiring vanced technical skills. This strategic emphasis will not only create more high-value opportunities for professionals but will also empower m to build enduring digital careers," ServiceNow India Technology and Business Center Senior Vice President and Managing Director Sumeet Mathur said.
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By equipping country's talent with se essential skills, it can be ensured that India remains a leer in global tech economy, he ded.
report is based on an analysis of baseline of country's labour market sourced from census and labour force survey data and economic growth projections are derived from International Monetary Fund (IMF).
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It furr revealed AI Systems Engineers will also benefit significantly from Gen AI, with half of total tech impact on this role coming directly from AI technologies.
Similarly, implementation consultants are poised to benefit significantly from integration of Generative AI, saving 1.9 hours per week as AI takes over repetitive tasks, allowing m to focus on more strategic projects, it said.
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Even least-impacted role, Platform Owners, could save nearly half an hour each week. Emerging technologies will revolutionize roles across tech ecosystem, enabling professionals to work smarter and faster, r report ded.
18:34 IST, November 13th 2024